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Pulse UK

Investcorp Eyes More Law Firm Deals In AI-Resilient Practices

By Marialuisa Taddia

Stowe Family Law LLP is hardly the glitziest holding Investcorp has had in its private equity portfolio, having taken Tiffany & Co. and Gucci Group public.


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Top Stories
  • Entrance to the Crown Court at Southwark in London in sunshine.
    KC Used Expertise To Dodge £2M In Tax, Prosecutors Say

    By Sophia Dourou

    A senior tax barrister cheated the public purse out of almost £2 million ($2.7 million) through a series of "ela...(read more)

  • Futuristic digital growth concept.
    Knights Expects Record £200M+ Revenue In Full-Year Results

    By Ashish Sareen

    Knights said on Wednesday that it expects to report that revenue has exceeded £200 million ($268 million) for th...(read more)

  • Criminal Solicitor Struck Off For Pocketing Client Money

    By Ashish Sareen

    A former criminal law specialist at a firm in northeast England has been barred from practicing after he deliberately directed a client to pay into his personal bank account more than £5,000 ($6,698) intended for his firm in legal fees.

  • Boodle Hatfield Nears £50M On Private Capital Demand

    By Marialuisa Taddia

    Boodle Hatfield LLP said Tuesday that its revenue has come close to the £50 million ($67 million) mark for the first time, reporting a 14.9% rise in annual turnover as its focus on private capital clients continued to fuel growth.

  • Innsworth Challenges Share Of Mastercard Settlement Sum

    By Joanne Faulkner

    Litigation funder Innsworth told the High Court on Tuesday that the distribution of a £200 million ($268 million) settlement from a U.K. mass claim against Mastercard is "illogical" and "flawed" in the first case to test a Competition Appeal Tribunal settlement decision.

  • Law Society Warns Ombudsman Plan May Miss Weakest Firms

    By Ashish Sareen

    The Law Society warned Tuesday that the legal ombudsman's proposal to improve complaints handling standards across the sector risks failing to deliver meaningful change without a clear plan to get the weakest-performing firms to adopt its model.

  • Cleary Loses 4 Antitrust Pros To Kirkland In London, Brussels

    By Ashish Sareen

    Kirkland & Ellis LLP said on Monday that it has boosted its antitrust team in London and Brussels with the appointment of four partners from Cleary Gottlieb Steen & Hamilton LLP.

  • Orrick Hires 5-Lawyer Dechert Life Sciences Team In Paris

    By Ashish Sareen

    Orrick Herrington & Sutcliffe LLP said Monday that it has hired a team of five lawyers from Dechert LLP in Paris to continue its international expansion in life sciences and healthcare technology.

  • Womble Bond Beats Negligence Case Over £126M Deal

    By William Janes

    Womble Bond Dickinson has beaten claims that it gave negligent advice which caused a £126 million ($169 million) apartment redevelopment deal to collapse, as a London court ruled on Monday that the firm's guidance was "reasonable and accurate."

  • Treat Agentic AI With 'Absolute Caution,' BSB Guidance Warns

    By Marialuisa Taddia

    The Bar Standards Board has become the first major legal services regulator in England and Wales to issue detailed guidance on lawyers' use of artificial intelligence, warning barristers on Monday to treat agentic AI systems as high risk and approach them with "absolute caution."

  • Irwin Mitchell Wraps Up Volume Wills Biz In Private Client Shift

    By Ashish Sareen

    Irwin Mitchell LLP said Friday that it is winding down its volume wills service to focus on more complex private client matters, with "a small number" of partners exiting the firm as part of a broader shift to higher-value legal work.

  • SRA Records 58% Jump In Misconduct Reports In 2 Years

    By Ashish Sareen

    The Solicitors Regulation Authority said Friday that it has recorded a 58% increase in misconduct reports over the last two years as it seeks higher fees to strengthen its capacity to regulate the profession and improve protection for consumers.

  • The Revolving Door: US Firms Push Ahead With London Hires 

    By Laura Stewart Liberty

    Over the past week, Vinson & Elkins hired Ashurst's energy M&A head, White & Case tapped a Baker McKenzie infrastructure partner after a string of exits, Joseph Hage Aaronson & Bremen hired a construction partner from Quinn Emanuel, and Willkie Farr & Gallagher added a second restructuring partner from Simpson Thacher & Bartlett this year.

  • Freshfields Taps Private Capital Co-Head For New UK Chief

    By Marialuisa Taddia

    Freshfields LLP appointed a new managing partner for the U.K. on Thursday, naming private capital partner Victoria Sigeti as successor to Mark Sansom.

In the Spotlight

  • Womble Bond Beats Negligence Case Over £126M Deal
  • Criminal Solicitor Struck Off For Pocketing Client Money
  • Employment Judge Reprimanded Over Drink-Driving Incident
  • Treat Agentic AI With 'Absolute Caution,' BSB Guidance Warns
  • Moore Barlow Revenue Hits Record £45M Amid Knights Talks
  • Law Society Seeks Clearer Shields For Crime Data Sharing
  • Innsworth Challenges Share Of Mastercard Settlement Sum
  • Cleary Loses 4 Antitrust Pros To Kirkland In London, Brussels
  • City Lawyers Say SRA Can't Pass On Its Failings In Fee Hike
 
 
 

From The Courtroom

  • Merricks Says Innsworth Made Enough From £200M CPO Deal
  • ENRC Seeks 'Tender' Approach To Costs In $290M SFO Trial
  • AmTrust Gets OK To Fight Ruling Capping Sompo Claim
  • Pogust Goodhead's Brazil Shipwreck Case Struck Out
  • Ex-BDB Pitmans Client Challenges Denial Of Fee Protections
  • Whitestone Denied Judicial Review In BSB Pupillage Row
  • Ex-Lawyer For Hong Kong Billionaire Family Revives UK Claim
  • Solicitor Avoids Immediate Suspension For Antisemitic Tweets
  • ENRC's $290M Claim Defies Decades Of Precedent, SFO Says
  • ENRC Says SFO Probe Tarnished Rep And Scared Off Lenders
 
 
 

Expert Analysis

  • Andrew Barton
    Practice Leader Insights From Macfarlanes' Andrew Barton
    Andrew Barton, head of the insurance team at Macfarlanes, discusses the challenges of conducting a transaction under Indian foreign ... (read more)
  • Sarah Wigington
    Practice Leader Insights From CRS' Sarah Wigington
    Sarah Wigington, head of CRS' U.K. corporate team, discusses the challenges of conducting a joint venture with numerous moving parts... (read more)
  • ​​​​​​​Tom Lenfestey
    PE's Path In UK Legal Market Offers Playbook For US Firms
    The U.K. offers 14 years' worth of data on private equity's involvement in the legal market, demonstrating for U.S. firms what worke... (read more)
  • Adam Stocker
    Lack Of Associate Pay Progression May Leave Firms Exposed
    Willkie’s recent salary increases for newly qualified lawyers in London made headline news, but the more important issue is how firm... (read more)
  • Adam Grant
    Practice Leader Insights From Wedlake Bell's Adam Grant
    Adam Grant, head of employment at Wedlake Bell, discusses the challenges of persuading a business to offer employees greater support... (read more)
  • Read More Expert Analysis

 
 
 

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Latest News

  • Employment Lawyers Propose 'Radical' Tribunal Reform Plan
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  • Merricks Says Innsworth Made Enough From £200M CPO Deal
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  • Knights Expects Record £200M+ Revenue In Full-Year Results
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